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Cryptocurrencies like Bitcoin are increasingly attracting millions of users, but also cybercriminals, as a successful attack means maximum profit with little risk. This also applies to "ether," the most widely used cryptocurrency after Bitcoin. As a precautionary measure, researchers at the CISPA Helmholtz Center i.G. at Saarland University have developed a methodology for this cryptocurrency that not only finds security vulnerabilities, but also uses them to automatically develop attacks. The result: they found 815 security holes that allow 1564 attacks. The Saarbrucken computer scientists present their approach on Wednesday at the international USENIX Security Symposium in Baltimore, USA.

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First Pitch Competition of SWSaar and SWLuxembourg winning teams

The six winning teams of Startup Weekend Luxembourg and Startup Weekend Saar met in the Center for Bioinformatics at Saarland University to compete against each other within a pitch competition.

The Saarbrücken based start-up "Power Plant Energy" won the challenge. It works on an energy storage solution with block chain integration. The second place went to "MyMedBot", a start-up from Luxembourg developing an emergency alert system for people living with diabetes."Sanascope" producing an electronic stethoscope for home use made not only the third place but also won the "Crowd's Favorite Award", securing most of the audience votes.
More than 60 people attended the event, which was jointly organized by Gründer-Campus Saar, IT Inkubator, a Max Planck Innovation and Saarland University technology transfer joint venture, and Luxembourg innovation hub Technoport SA. /gb